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March 4, 2020 marked the commencement of exploration drilling for the Tulu Moye Geothermal Project where three exploration wells will be drilled in the project area located in the Oromia Region, Ethiopia.
This long-awaited milestone was spearheaded ... Read more

Since the geothermal drilling in the Caribbean island of St. Vincent and the Grenadines kicked off in May 2019, two exploration wells have been drilled with the third currently in the active drilling phase.
The aim of the project is to deliver 10 MW... Read more

The past months have been significant for Tulu Moye Geothermal (TMGO). Since the Kenyan company KenGen won the drilling contract for the first phase of the Tulu Moye geothermal project in June 2019, the contract has now been signed between the two co... Read more

A recent article published by Bloomberg on May 27, 2019 highlights the exciting future prospects of Reykjavik Geothermal in Ethiopia in an interview with Gunnar Orn Gunnarsson, CEO of the company.
Reykjavik Geothermal, along with company shareholder... Read more

St. Vincent Geothermal Company Limited (SVGCL) and Jardboranir hf. (Icelandic Drilling Company, IDC) have today, November 29th 2018, signed a drilling contract for drilling 4 wells in St. Vincent and the Grenadines.
The contract was signed by Sigurd... Read more

Tullu Moye Geothermal Operations Private Limited Company has embarked on the development a 520 MW geothermal project in the Oromia Regional State with an outlay of two billion dollars.
The Tulu Moye Geothermal project is located in the Oromia Reg... Read more

On 10 April 2018, the AUC signed another GRMF Grant Contract for the Abaya surface study project of Reykjavik Geothermal in Ethiopia. The agreement was signed by the AUC Commissioner for Infrastructure and Energy, H.E. Dr Amani Abou-Zeid, and the Cou... Read more

19 December 2017. Addis Ababa, Ethiopia: Corbetti Geothermal plc (Corbetti), the Government of the Federal Democratic Republic of Ethiopia (GoE) and Ethiopian Electric Power (EEP) today signed an implementation agreement (IA) and a power purchase agr... Read more

December 19, 2017: The Government of Ethiopia, Ethiopian Electric Power and Tulu Moye Geothermal, a joint venture between Meridiam and Reykjavik Geothermal (RG) finalized the contracts for the 520 megawatt geothermal power project in Tulu Moye, today... Read more

Reykjavik Geothermal (RG) is pleased to announce the signing of final project documentation for the two landmark geothermal power projects in Ethiopia, Tulu Moye and Corbetti.
At a joint signing ceremony in Addis Ababa today, Tulu Moye Geothermal si... Read more

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Geothermal power is a particularly compelling energy source, as the Earth produces heat at all times, geothermal power can be considered base-load and plants operate with near zero emissions.

"The Stone Age didn't end because we ran out of stones."- Sheikh Yamani, former OPEC Oil Minister

"We tend to forget that we are blessed with two fundamental long lasting sources of energy -- one is the sun, the other is the fire inside the earth. We sit on it, we sleep on it, we walk on it, but we need to harness it. Geothermal..."- Olafur Grimsson, President of Iceland